NASDAQ:PENN - Penn National Gaming Stock Price, News, & Analysis

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$23.90 +0.31 (+1.31 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$23.59
Today's Range$23.49 - $24.15
52-Week Range$17.30 - $36.90
Volume1.39 million shs
Average Volume2.49 million shs
Market Capitalization$2.82 billion
P/E Ratio2.66
Dividend YieldN/A
Beta1.82
Penn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through Northeast, South/West, and Midwest segments. As of December 31, 2017, it operated 27 facilities in 17 jurisdictions, including California, Florida, Illinois, Indiana, Kansas, Maine, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario, Canada. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.

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Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:PENN
CUSIP70756910
Phone610-373-2400

Debt

Current Ratio0.74
Quick Ratio0.74

Price-To-Earnings

Sales & Book Value

Annual Sales$3.15 billion
Price / Sales0.90
Cash Flow$12.3196 per share
Price / Cash Flow1.94
Book Value($0.80) per share
Price / Book-29.88

Profitability

Net Income$473.46 million
Net Margins-5.41%
Return on Assets2.57%

Miscellaneous

Employees18,754
Market Cap$2.82 billion
OptionableOptionable

Penn National Gaming (NASDAQ:PENN) Frequently Asked Questions

What is Penn National Gaming's stock symbol?

Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."

How will Penn National Gaming's stock buyback program work?

Penn National Gaming declared that its board has approved a stock buyback plan on Wednesday, January 9th 2019, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

How were Penn National Gaming's earnings last quarter?

Penn National Gaming, Inc (NASDAQ:PENN) issued its quarterly earnings results on Thursday, November, 1st. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.43 by $0.05. The business had revenue of $789.70 million for the quarter, compared to analysts' expectations of $807.79 million. Penn National Gaming had a negative net margin of 5.41% and a negative return on equity of 6,177.13%. The firm's revenue was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.25 earnings per share. View Penn National Gaming's Earnings History.

When is Penn National Gaming's next earnings date?

Penn National Gaming is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Penn National Gaming.

What guidance has Penn National Gaming issued on next quarter's earnings?

Penn National Gaming updated its FY 2018 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $0.90-0.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.85. The company issued revenue guidance of $3.582-3.582 billion, compared to the consensus revenue estimate of $3.68 billion.Penn National Gaming also updated its Q4 2018 guidance to $-0.4--0.4 EPS.

What price target have analysts set for PENN?

9 Wall Street analysts have issued 12 month price targets for Penn National Gaming's shares. Their predictions range from $23.00 to $40.00. On average, they anticipate Penn National Gaming's stock price to reach $33.75 in the next year. This suggests a possible upside of 41.2% from the stock's current price. View Analyst Price Targets for Penn National Gaming.

What is the consensus analysts' recommendation for Penn National Gaming?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn National Gaming in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penn National Gaming.

Has Penn National Gaming been receiving favorable news coverage?

Press coverage about PENN stock has been trending positive this week, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Penn National Gaming earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days.

Who are some of Penn National Gaming's key competitors?

Who are Penn National Gaming's key executives?

Penn National Gaming's management team includes the folowing people:
  • Mr. Timothy J. Wilmott, CEO & Director (Age 59)
  • Mr. Jay A. Snowden, Pres & COO (Age 42)
  • Mr. William J. Fair, Exec. VP of Fin., CFO & Treasurer (Age 55)
  • Mr. Carl Sottosanti, Exec. VP, Gen. Counsel & Sec. (Age 53)
  • Richard Primus, Sr. VP & Chief Information Officer

Who are Penn National Gaming's major shareholders?

Penn National Gaming's stock is owned by a number of of retail and institutional investors. Top institutional investors include Copper Rock Capital Partners LLC (0.86%), Hennessy Advisors Inc. (0.60%), Boston Advisors LLC (0.14%), Retirement Systems of Alabama (0.12%), Louisiana State Employees Retirement System (0.02%) and Fox Run Management L.L.C. (0.02%). Company insiders that own Penn National Gaming stock include Carl Sottosanti, Jane Scaccetti, Jay A Snowden, Peter M Carlino, Ronald J Naples, Saul Reibstein and Timothy J Wilmott. View Institutional Ownership Trends for Penn National Gaming.

Which institutional investors are selling Penn National Gaming stock?

PENN stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc. and Louisiana State Employees Retirement System. Company insiders that have sold Penn National Gaming company stock in the last year include Carl Sottosanti, Peter M Carlino, Saul Reibstein and Timothy J Wilmott. View Insider Buying and Selling for Penn National Gaming.

Which institutional investors are buying Penn National Gaming stock?

PENN stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Retirement Systems of Alabama, Fox Run Management L.L.C., Boston Advisors LLC and Virtu Financial LLC. Company insiders that have bought Penn National Gaming stock in the last two years include Jane Scaccetti, Jay A Snowden, Ronald J Naples and Timothy J Wilmott. View Insider Buying and Selling for Penn National Gaming.

How do I buy shares of Penn National Gaming?

Shares of PENN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Penn National Gaming's stock price today?

One share of PENN stock can currently be purchased for approximately $23.90.

How big of a company is Penn National Gaming?

Penn National Gaming has a market capitalization of $2.82 billion and generates $3.15 billion in revenue each year. The company earns $473.46 million in net income (profit) each year or $8.98 on an earnings per share basis. Penn National Gaming employs 18,754 workers across the globe.

What is Penn National Gaming's official website?

The official website for Penn National Gaming is http://www.pngaming.com.

How can I contact Penn National Gaming?

Penn National Gaming's mailing address is 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610. The company can be reached via phone at 610-373-2400 or via email at [email protected]


MarketBeat Community Rating for Penn National Gaming (NASDAQ PENN)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  543 (Vote Outperform)
Underperform Votes:  416 (Vote Underperform)
Total Votes:  959
MarketBeat's community ratings are surveys of what our community members think about Penn National Gaming and other stocks. Vote "Outperform" if you believe PENN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PENN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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